Invesco NASDAQ 100 ETF (NASDAQ:QQQM) Shares Sold by InTrack Investment Management Inc

InTrack Investment Management Inc cut its position in Invesco NASDAQ 100 ETF (NASDAQ:QQQM) by 38.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,310 shares of the company’s stock after selling 1,432 shares during the quarter. InTrack Investment Management Inc’s holdings in Invesco NASDAQ 100 ETF were worth $464,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. ICA Group Wealth Management LLC lifted its holdings in shares of Invesco NASDAQ 100 ETF by 24.0% during the fourth quarter. ICA Group Wealth Management LLC now owns 23,424 shares of the company’s stock worth $3,948,000 after purchasing an additional 4,530 shares during the period. Mather Group LLC. acquired a new position in shares of Invesco NASDAQ 100 ETF during the second quarter worth about $39,000. Quantbot Technologies LP purchased a new position in Invesco NASDAQ 100 ETF during the first quarter worth about $265,000. Gerber LLC purchased a new stake in Invesco NASDAQ 100 ETF in the 4th quarter valued at approximately $1,197,000. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Invesco NASDAQ 100 ETF during the 1st quarter worth approximately $204,000.

Invesco NASDAQ 100 ETF Price Performance

Shares of QQQM stock opened at $203.03 on Friday. Invesco NASDAQ 100 ETF has a 1-year low of $140.84 and a 1-year high of $207.24. The business’s fifty day moving average price is $194.49 and its 200 day moving average price is $190.60. The firm has a market capitalization of $34.36 billion, a PE ratio of 34.39 and a beta of 1.18.

Invesco NASDAQ 100 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.20 dividend on an annualized basis and a yield of 0.59%.

Invesco NASDAQ 100 ETF Company Profile

The Invesco NASDAQ 100 ETF (QQQM) is an exchange-traded fund that is based on the NASDAQ-100 index. The fund is passively managed to track a modified-market-cap weighted narrow index of 100 NASDAQ-listed stocks, excluding financials. QQQM was launched on Oct 13, 2020 and is managed by Invesco.